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Assetmark Inc. and Trust Co. of Vermont significantly increased their stakes in Albemarle, with increases of 340.6% and 606.5%, respectively, during the fourth quarter. Institutional investors own 92.87% of the company, which specializes in engineered specialty chemicals, particularly in the energy storage sector. Despite recent price target reductions by various analysts, the stock maintains a consensus "Hold" rating.
J Kent Masters
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
institutional investors significantly increase stakes in albemarle amid mixed analyst ratings
16:13 14.02.2025
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